Liberty Global (LBTYK) Expected to Release Quarterly Earnings on Tuesday

Key Points

• Liberty Global is expected to report quarterly results before the market opens Tuesday, November 3. Analysts anticipate a loss of $0.3224 per share and revenue of approximately $1.55 billion.
• The company previously missed expectations, reporting a $1.07-per-share loss and $1.17 billion in revenue versus estimates of a $0.48 loss and $1.34 billion in revenue.
• Shares have declined 3.6% and opened at $7.50, near the company’s 52-week low, while analyst sentiment remains negative with a consensus “Sell” rating.

Liberty Global (NASDAQ:LBTYK - Get Free Report) is projected to post its results before the market opens on Tuesday, November 3rd. Analysts expect Liberty Global to announce earnings of ($0.3224) per share and revenue of $1.55 billion for the quarter.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last released its quarterly earnings results on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.34 billion. Liberty Global had a negative return on equity of 28.83% and a negative net margin of 62.12%.

Liberty Global Trading Down 3.6%

Shares of NASDAQ:LBTYK opened at $7.50 on Tuesday. The company's fifty day moving average price is $9.45 and its 200-day moving average price is $10.81. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28. Liberty Global has a one year low of $7.32 and a one year high of $13.12.

Analysts Set New Price Targets

Several analysts have commented on the stock. Weiss Ratings upgraded shares of Liberty Global from a "sell (e+)" rating to a "sell (d-)" rating in a report on Friday, October 16th. Wall Street Zen downgraded Liberty Global from a "hold" rating to a "sell" rating in a report on Saturday, August 8th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has a consensus rating of "Sell".

Liberty Global Company Profile

Liberty Global plc is an international telecommunications and media company that provides broadband, mobile, television and fixed-line communications services. Through its operating businesses and strategic investments, the company serves residential customers, businesses and public-sector organizations with connectivity, entertainment and communications solutions.

Liberty Global's principal operating interests include Virgin Media O2, its joint venture with Telefónica in the United Kingdom; Sunrise in Switzerland; and Telenet in Belgium.

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